reporter: i'm emma chandra, and you are watching "bloomberg technology." atop u.s. commander said the third wave of additional u.s. troops will begin arriving in afghanistan within days or weeks. president trump has not given an exact number of how many he plans to send. in singapore, the remains of u.s. sailors have been found aboard a damaged american worship. the bodies were found in a flooded compartment of the uss john mccain. 10 sailors went missing after the ship collided with an oil taker. it is the second collision in two months for a u.s. warship. charlottesville has decided to cover up statues of confederate generals. there was a unanimous vote to

cover up robert e lee and stonewall jackson, after anger fueled public debate in the wake of violence earlier this month. president trump has arrived in arizona for a campaign style rally. it is a stronghold of trump supporters, but the republican senators have been outspoken critics. protests are expected near the rally. in the meantime, press secretary sarah sanders says the president will not pardon joe arpaio. global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. i'm emma chandra. this is bloomberg. "bloomberg technology," is next. ♪ emily: i'm emily chang and this

is "bloomberg technology." coming up, bloomberg gets this scoop on apple's highly anticipated 10th anniversary handset. plus, mark cuban slips on bitcoin after calling the digital currency a bubble. the outspoken skeptic is now a believer. our digital currency is becoming a mainstream investment? facebook is losing teenage friends. a new report says more of them are logging onto instagram and snapchat instead. it is the largest social media network losing it's cool? last week, we showed you the news smartphone from android cofounder andy rubin called essential. tomorrow, it is samsung's turn in the spotlight. they are expected to announce the new galaxy note eight with a display that covers the whole device and an improved camera.

you may recall that the previous seven was plagued by overheating, which caused the company more than $6 billion. the new apple iphone is shrouded in secrecy. you have been leaking out the details over the last year or so. now that we are just a few weeks away, what is going to be new? reporter: a lot. for the first time, we will have three new phones. the big phone is going to be the supreme him -- supreme, stainless steel, glass on the front. it will essentially be the size of the iphone 7 plus screen, but that's the whole phone, there is no bezel, it is very slim. it will be easy to hold, not heavy. the 3-d sensor and fingerprint scanner will be the crown jewel of the product. emily: let's talk about the 3-d face scanner. you can even do it in the dark? reporter: there is a 3-d scanner

on the front i'm a plus and infrared scanner. the laser creates a light. in the dark mode, i imagine being in a place like you are in a swat team and you have a helmet that you can in the dark. so the phone can be disabled, you pick it up out of your pocket, it knows that it is you in milliseconds. emily: when it comes to some of the features, apple is lagging, like in the lead screens. i sat down with tim cook in june, and he had this to say about being first. >> for us, it is not about being first. it's about being the best and

giving the user and experience that delights them every time. we don't let that in patients result in shipping something that is just not great. emily: talk about the future when it comes to apple. which features are apple first in an in which is apple behind? reporter: you can apply what tim cook said in your amazing interview to any of the recent products. it was the opening line of the story. the alleged screen, something that has been appearing in samsung phones because of vertical integration, for upwards of five years. motorola has had them. htc has them. the slimmer bezels, the essential fun has it. samsung has had it. the app store, that is something that created the android marketplace, google marketplace. everything after that. and don't forget, apple copyrighted initial smartphone. i remember in 2013, a couple months before that, the iphone 5s will have a 64-bit chip. there were article saying they would not do that, they were not that ahead. but i was correct. it was years ahead.

emily: let's talk about the virtual home button. you get more on screen real estate. reporter: it makes the phone smaller. the first thing that is going is the home button. they are getting rid of it. it will be in the screen, like pixels. it will have a home button area. there will be unique controls to do other things. there will be new swiping gesture is to navigate between apps. you can have an easier time clicking with your thumb. emily: now that note is also coming out. how does it stack up to the competition, whether samsung or essential? reporter: it's different because of the note seven.

that was one of the highest reviewed phones when it first came out. it was one of the most anticipated and successful funds in terms of product reviews, but then it started exploding, and changed everything. it doesn't have a glitch like an exploding battery, so that would be a serious challenger to the iphone. emily: what do we know about timing for the new iphone? it has been done by production, rumors of struggles, what do we know? reporter: traditionally when apple has supply chain issues, they will release it anyway, but they will release more of the models. there will be three models. initially the mix will be much higher for the new updates. the seven and seven plus will see the -- it will be hard to find for the first couple months of release. emily: mark gurman keeping us honest. covering consumer technology. thank you so much.

verizon is taking the fight to its rival like t-mobile when it comes to lower price unlimited data plans. they are unveiling a new two-tiered plan, set to help verizon compete with t-mobile which offers a similar $80 a month unlimited data plan. coming up, salesforce releasing its second-quarter earnings. will be ai strategy pay off? i we look into the numbers. this is bloomberg. ♪ emily: salesforce reporting

emily: salesforce reporting

better-than-expected second-quarter earnings. it raised revenue forecast for the fiscal year, but shares are falling in extended trading. in competition is ramping up from companies like microsoft and oracle in cloud services. the salesforce call has just started. we will bring you the headlines as they cross. with us from new york, from bloomberg intelligence. what is the main takeaway? >> overall, a very good quarter. almost all the divisions did very well. i think there is some confusion about building guidance for next quarter, but if you look at it, they were looking at billings growth about 80%. it came to around 27% to 28%. he does not a strong. if you look at salesforce, there's a lot more seasonality in the business. i think you would see a shift of revenue. that is what you are seeing here. emily: does that mean they will

be facing the same sort of headwind that even bigger companies like oracle or microsoft might face? >> as you get larger, you have much larger clients that by multiple products from you. instead of looking at one product at a time, you are looking at a whole suite of products. with those relationships, you get more seasonality as you get bigger. emily: talk to us about the ai strategy we mentioned. how is that working out for salesforce? >> it is just starting. when you look at the entire cloud applications area, ai will be one area that will differentiate these companies going forward. this is where you can take a whole lot of data that is already on your platform and make sense out of it. with salesforce, it is just the start. they are just building the product right now. that will take several quarters to show actual results in terms of sales growth. emily: let's talk about the

competition. microsoft bought linkedin. you have analysts saying this is the biggest consecutive -- competitive threat for salesforce. how well positioned is salesforce? >> it will be interesting to see what microsoft does with linkedin and what products will emerge. one would have thought the growth rate would slow down in terms of just the largest cloud offering, but in the last two or three quarters we have seen sales accelerate. it tells us that corporate spending is good, and software is one area where you are seeing spending dollars go as people pulled back from hardware or services. emily: we talk a lot about the cloud and how it is only expanding, and therefore it is anyone's game, whether it is microsoft, google, or amazon. where does salesforce fit into the bigger picture in such rapidly expanding yet uncharted territory? >> when you look at a company like salesforce, they dominate the cloud applications market. if you look at revenue of $100 billion or so, you would say 65%

to 70% of that is cloud applications. salesforce by large is the biggest company in it. the rest of the growth, whether it is sap or microsoft, they are playing catch-up. emily: we will continue to monitor any headlines. thank you. since going public in june, blue apron has lurched from one setback to another. the latest challenge -- they are losing human resources, and starting a hiring freeze. the company also fired part of its recruiting team totaling 14 people. the shakeup comes as the company ramped up a new fulfillment center to handle half its production volume. what more can you tell us? reporter: this is just another speed bump for blue apron. they have had a really tough time as a public company.

they have been overshadowed by amazon. the news has not been good. in the first earnings report, they had to cut the outlook for the rest of the year. they will not hit the $1 million revenue goal for the full year. and now, they are putting on a hiring freeze that suggests cost-cutting. we don't know what will happen with them for the long-term. emily: shares are down dramatically since the ipo. your story details some pretty dismal working conditions. you also report 20 or 30 people are leaving every week. that sounds like pretty aggressive turnover. reporter: in the warehouses, it is a low scale type of work environment. it is really cold in there. it is understandable people aren't necessarily happy, even with higher pay. they are dealing with having to move over from jersey city, to linden, and they are trying to get as many people from jersey

send it -- city, and people are looking at a longer commute. attrition rates are atrocious. blaber and says it is due to the shift, but broadly speaking, and the entire warehouse industry, turnover is a problem. emily: yet, they have ambitious plans to broaden, offer a wide selection of products, as amazon is preparing to buy whole foods. what is the outlook on whether blaber and can actually accomplish these things? reporter: that is the biggest question right now. blue apron offers meal kits. is this a huge opportunity in groceries? we don't know that yet. that is what analysts investors are trying to figure out right now. for blue apron, they don't have the capital that amazon has, and they are going to have to figure out how to spend money wisely so they can keep operations going and try to prove they have a place to play in the bigger food market. emily: great scoop, jing sowa of

bloomberg technology. thank you for that. after hitting new records last week, bitcoin prices are pulling back. interest in digital currencies is going strong, with one famous investor jumping into the scene. we will explain. and a reminder about our interactive tv function. find at tv on the bloomberg. you can watch us live, go back to it, send producers a message and play with charts. this is for bloomberg subscribers only. check it out at tv . ♪

emily: outspoken billionaire mark cuban apparently thinks there is opportunity in cryptocurrencies after all. he tweeted in june. bitcoin is in a bubble is not investing in a fund called one confirmation of the fund will invest in block chain companies. he tells bloomberg that he has always looked at block chain as a foundation platform from which great applications can be built.

try more detailed conversation on digital currencies, let's go to caroline hyde in london. caroline: thank you indeed. i am joined by the head of level study 9, 1 of europe's biggest fintech companies. wonderful to have you with us. i will take you to a chart using the trustee bloomberg. you can see we are not at the $4000 mark. we can see it going as high a $6,000. are we in a bubble like what cuban says? >> i think that is a very fair analysis. caroline: what is sparking this? what do you think the people you're talking to, some of the fintech companies, why are they feeding this?

>> it is important to separate out the bitcoin technology -- the currency from the blood chain technology underlying it. block chain has an enormous underlying potential, and much of the interest is finding the expression in the valuation of bitcoin. we are seeing a galloping ahead of bitcoin in the technology. caroline: not only the price of bitcoin and ethereum ripple, but it is tempting a lot of companies to go to initial coin offerings. you go to the cloud and raise millions. is this something we are seeing in tech -- fintechs in europe adopt? >> there are huge sales in ico's. the financial conduct authority in the u.k. is taking a keen interest. they are keen to make sure it encourages innovation while

making sure it protects the markets and consumers. the real potential of ico's is very exciting, but it comes with health risks. it is an extreme sport. caroline: therefore, do you think we will start to see u.k. regulators come in and say, these are going to be assets securities that we want to be regulated and registered in the same way vs -- the sec has? >> they have been consulting over the past few months and have not declared a clear position yet, but they are looking at protection of the market and consumer, while encouraging innovation. they are keen to make sure they support innovation and help the u.k. maintain a great place to innovate. caroline: you are in the middle of morgan stanley or jp morgan, hsbc is based in london as well. how much are you seeing banking sector respond to the rise of block chain technologies and

companies born out of it? >> that's a great question. the actual application of these technologies into great financial institutions of the world, it is a long and complex process. you have to look carefully, listen, and look at people building deep relationships. that is what we support at level39. it is not dramatic. caroline: how can it change the way they operate? >> if you consider at the heart of the distribution of trust across networks, the fundamental transformation, many people compare this to the early stages of the internet. the comparison is useful.

much of the interest in bitcoin and cryptocurrencies look a little bit like the height -- hype that surrounded the internet in the mid to late 1990's. the transformation potential is probably as hard to see in full now as it was in 1995. caroline: that's an interesting point mark cuban made. from the ashes of some of these bubbles like bitcoin, you will see the ipos, the digital -- ico's, the digital currencies, come to be the real game changers. where will they be based? san francisco, london? caroline: there is a huge amount of innovation. we can look further as well. if we look at china, russia, japan, great innovation in

crypto currency. we should be ready to be unsurprised about where the real progress arrives. of course, it is also important to look beyond the cryptocurrencies and consider implications of smart contracts. there are exciting developments that also come from the same essential foundation. caroline: there have been questions as to whether one digital currency will win out over all. do you believe that one will, or can we have many? >> i believe we will probably have many. if you look at the government debates and technology debates, particularly of that coin, but i don't think any currency is immune -- governance is a challenge, and scaling is a challenge. it's unlikely one challenger will emerge. it is useful to have diversity in almost every other -- in everything. caroline: are you discussing with government how they should be adopting and looking at

cryptocurrencies? you used to work with u.k. ti, getting startups invested. >> the government already does a fantastic job. the regulator does a great job of alan finkel challenges and maintaining protections for markets and consumers, while also being as permissive. it is the envy of regulators around the world. as far as the central government is concerned, there's no doubt in any of the minds i have been engaging with that developing the u.k. as a huge advantage of a great place to innovate is at the forefront. caroline: the head of level39. thank you. emily: caroline hyde in london. thank you. coming up, is facebook's copycat strategy paying off? one industry research group cautions that the highly sought

after teen user base could be waning. this is bloomberg. ♪

>> hong kong is being battered. the main body of the storm is hours away. flights have been ground at the airport. the u.s. is raising pressure on north korea. theiruses them of helping nuclear program. $11 million have been seized from companies in china and

singapore that helped north korea evade sanctions. three individuals are accused of sending oil to north korea. south korea has rejected u.s. courts to revise their trade deal as the trump administration attempt to cut the two-way deficit. that process could take 100 80 days. ,lobal news 24 hours a day journalists and analysts in 110 -- 120 countries. market, asianthe equities looking more mixed. nowt of a breather, the yen up a 10th of a percent against the greenback. gold had diversified.

checking out the forex market. the kiwi leading. the new government looks for a budget surplus. peso have the mexican losing ground. trump said he sees the u.s. terminating nafta at some point and stood his ground over plans withild a border wall nafta threatening a government shutdown. , the biggest drop -- drop losing 1% and copper retreating from a three-year high. that drop in metals is weighing in shanghai, sliding 2% today. curveulators move to .rading that pose a headwind

they are the latest attempt to put pressure on the market following restrictions put in place for steel. market roundup. scarlet: this is bloomberg technology. -- emily: this is "bloomberg technology." i'm emily chang. funding for artificial intelligence startups has surged more than eight fold since 2012. both entrepreneurs and venture capitalists are rushing to capitalize on machine learning. the ai startup data breaks did just that, closing with $30 million. its backers include andreessen horowitz and battery ventures. joining us is the ceo and cofounder. thank you for joining us. i understand that your company helps provide ai tools that startups might have trouble providing on their own. >> that's exactly it. emily: tell us a little bit more about how it works. >> what we are seeing out there, we have over 500 customers, and

we see a big gap. everybody talks about how ai has taken over, but they don't tell you that only 1% are actually successful. the rest see the huge potential, but they are struggling with it. they don't have 20 dozen engineers to focus on this problem. there are three problems to attack. one is a people problem. if you are solving cancer diagnosis with ai, you probably need medical doctors involved, and they need to collaborate with data scientists. that is the first problem. the second problem is the process problem. they have to stitch together lots of software to get ai working. finally, there is an infrastructure problem managing machines. we have built and analytics process to develop -- address this.

emily: i spoke to nikesh arora of -- formerly of google, and he says the ai conversation is clear as mud, meaning it is early days, a lot of unknowns. how would you describe the competition among biggest tech giants? >> the competition is fierce, but you should look at their problems people are having. many of the key problems are not addressed by anyone. the people problem, for instance. the collaboration between people in the same organization that have to solve these problems, there's nothing out there. i also think there is too much software engineering, stitching together of software. people are not attacking these problems. for that reason, there's a huge demand and that is why they are turning to our technology. emily: how can you be something for everyone if it is so complicated and requires so much manpower? >> our focus is to simplify it

as much as possible. this technology was developed by big companies like google. they have 30,000 engineers, many of them phd's. they take a lot of things for granted. they assume it is easy to do this or that. other companies, it's not so easy. we are taking the tech google has, automating it, simplifying it, and bringing it to the rest of the companies. emily: elon musk has painted a very doomsday scenario when it comes to the future of ai. mark zuckerberg says that is irresponsible. what do you think? >> i think the potential of ai is huge. we are not looking at replacing human beings. we are not even going in that direction. the chances of those doomsday scenarios happening are very slim. there are way bigger risks in society. this technology is amazing. our customers like viacom, hp,

salesforce, what they are doing is amazing. customers are looking at coming up with drugs to cure diseases. it is fantastic. i don't share elon musk's view. emily: and ai startup got $560 million in funding five years ago. last year, it got billions. is there any chance for an ai bubble? >> in the next 10, 20 years, there will be so many use cases. automation will not end. in many parts of the world we have an aging pop -- problem. there isn't enough young people to take care of the old. ai can help automate things in government, health care, and elsewhere. it is massive, just not that easy to do. people take that for granted. you have to bridge the gap. emily: ok, cofounder and ceo of databricks, thank you for stopping by. this year, facebook is expected to see a decline among teen users in the u.s. 14.5 million people use facebook from the ages of 12 to 17, a drop your this is the first time the company has predicted a falling facebook uses for any group. teenagers are migrating does not chat and instagram -- to snapchat and instagram.

i feel it we have talked about this potential for years, and now we're finally seeing a number. let's start with snapchat. this is actually the first bit of good news snapchat has had in a while. reporter: we saw the stock climbed today after a long, drawnout fall since he ipo. -- the ipo. one of the main reason's snap has fallen is because facebook has been copying its most popular features of the main app and on instagram. this company continues to be very compelling to a lot of

young people. that's what the report reminds us. it is still a lot cooler than the big social network is. emily: how much of a concern is this actually for facebook? given that they own instagram, is it still a problem losing teenage users? reporter: when i speak to teenagers who use facebook, and a lot of them do, but they use it for more responsibilities or utilities. they use it to coordinate soccer matches, work on group projects with people from spanish class. it's the kind of thing you have to be on to survive in high chool and college in a social setting with teachers. it is more of a tool, not fun. and away leaders are communicating, they communicate

in images, and video. it is less the kind of status updates we see on facebook, which has become increasingly political or increasingly heavy. this light communication on instagram and snapchat. does it harm facebook? i think facebook made a smart bet a few years ago acquiring instagram, which has become crucial to their future. i would love to see a little bit more color from the company in the future of exactly how much instagram contributes. emily: when it comes to snap, you have nbc doing a show on snapchat, cnn does a daily show on snapchat. how much traction are these kinds of things actually getting? reporter: they are getting a lot of attractions -- traction. millions of viewers. this kind of media consumption experience differs from facebook in several ways, but first of all it is mobile first, second of all, it is in short bites people can consume on the go. it is something that caters to

this very millennial audience that is increasingly not paying for cable, not watching conventional tv. it is a way for brands like cnn and nbc to reach the new generation that may not be on facebook. emily: how well do we think facebook copying snapchat is actually working? instagram has copied snapchat features as well, but when it comes to facebook, making the camera primary, adding stories, is it backfiring? reporter: i wouldn't say it is backfiring. with any user base of more than 2 billion people, some people are going to use whatever they create. but i haven't seen people use facebook stories, at least on my own facebook. that is anecdotal. they have not released any

information, but have you? emily: no. reporter: maybe we are old, emily. [laughter] i have not seen it gain traction. it is the top thing mark zuckerberg talks about at the developer conference earlier this year. that part is a little embarrassing. they made such a big deal about how this was the augmented reality platform of the future, but we have not seen a lot happen. but in terms of instagram, that is going so well. it is incredibly successful. emily: sarah frier of "bloomberg technology," thank you for stopping by. and for reminding me of my age. coming up, what tech tools can help you navigate the that landscape -- debt landscape. that is next. this is bloomberg. ♪

emily: in today's revolving door, jeff jones, the former president of uber, has been named ceo of h&r block. he left after six months of the company. he served as chief marketing officer previously at target. this is part of a digital at the tax preparer. h&r block touted a collaboration with ibm for free online returns as it competes with. online services like turbotax americans are taking on more debt. you can see the levels are getting close to those during the financial crisis a decade ago. 12 consecutive quarters of rising household debt, led by increases in mortgages and auto loans. but it is not necessarily a doom and gloom scenario. if you look at the ratio of household debt to disposable income, you can see the number dropping, meaning people are more comfortable taking on extra debt. one of the many tech companies

looking to help people navigate their futures is nerd while it. -- nerd wallet. how worried should we be that is rising to that crisis levels? >> not to worry. we have a unique vantage point because we issue so many credit products. credit -- i don't think credit cycles die of old age. emily: non-housing that is also rising. car loans, student loans, credit card debt, headlines like the next credit crisis could be unfolding under our noses. is that overblown? >> i think so. if you look at the historical default levels on credit card debt, we are still low historical averages. we are coming out of the trough, but still below average. emily: talk to me about what nerdwallet does, and how it helps you navigate whether you have been issue or not. >> it is to help make financial

products shop bubble. that is a huge financial problem. you can save a lot of money by comparing the fees and rates out there, and we make the process possible. emily: the competition to be a financial guidance one-stop shop is fierce. you have credit,, lending tree, all these different sites. what makes you stand out? >> we are relentlessly consumer first. emily: who isn't relentlessly consumer first? [laughter] >> i spent so many hours in consumer's living rooms across the country. that is something that is super important. our journalism team engages in a ton of user testing, and we use that to it or he and make them useful. emily: so you are actually visiting homes? tell me about that. >> some of the stories are really amazing. one of the stories that has not been told is volatility. month-to-month, most of america is seeing volatility. when you combine him -- income volatility with expense, that

explains demand for the short-term credit people are seeing. emily: you've got an interesting story. you pulled a lot of people from wall street to work at the company. how is that working out? those are some of the most analytical people. >> we have them cranking away at some of these analyses. something simple like how much home can i afford, we presented to users in a simple way. emily: are they former bankers? former goldman sachs? >> that's right. ex-hedge fund analysts. people i pulled from my social network. emily: if the political environment and uncertainty impacting any of the people you are talking to? >> not a ton. it is not having a huge impact on credit demand as far as we can tell right now. emily: when you look ahead, what

will be the biggest issues when it comes to the fintech landscape, even amidst political uncertainty, potential tax reforms, all that? >> people are doing a better job building a mousetrap in different areas, whether it is peer-to-peer lending, etc. we see a lot of incumbents like goldman sachs and asset managers stealing be the ideas and incorporating them into their workflows. that is creating confusion. there is a proliferation of choice. that is where there is a huge need for a review and comparison to someone like nerdwallet to help out consumers. emily: tim chen from nerdwallet, thank you so much. right now, president trump is in arizona. he is therefore a rally this evening, set to speak in phoenix at a make america great again rally. 10:00 p.m. new york time. that's a shot of the president meeting with marines. he has been touring customs and border patrol hangars. we will bring you a live report, next.

this is bloomberg. ♪

emily: president trump has arrived in arizona to meet with supporters at a "make america great again" rally. this caps of a tumultuous few weeks at the white house. will the rally be a reset for the president? joining us is kevin cirilli, our chief washington correspondent. it is an opportunity for a reset, but will it be a reset? is that what the president

wants? reporter: you know what, i'm not going to bet this is what the president wants. we have seen this time and time again, every time his back is against the law, he comes out swinging and bulldozing. this is the first time he will speak with core constituency supporters in the political battleground of arizona. you are member on the campaign trail went protesters was shut down highways and it was a very contentious battleground state, simply because this is ground zero of the immigration issue. while last night in the president's first primetime address, he spoke about national foreign policy, adding 4000 additional troops to the already 8600 troops in afghanistan. that was perhaps the first time he was speaking to the broader country since the criticism following charlottesville, but tonight, he's all about talking to the base. emily: you're looking at live pictures of the president meeting with marines. he will be off to phoenix momentarily. what are you going to be listening for in his speech? reporter: first and foremost,

the tone, the rhetoric, as he tries to continue with the unification, or if he's going to be more combative and talking about the nationalistic style advocated by steve bannon. the second thing we will look for is policy, particularly immigration. we are talking about how they will have tax policy, the debt limit, all these other wonky things. we have not heard much about some kind of immigration plan. he's already advocating for them to be additional ice officers or immigration control. that sparked controversy from several activist groups, including democrats. how specific he gets in terms of immigration policy, we have to wait and see. we should also note that the u.s. mexico border of bolstering of the wall -- "the wall" -- we have not heard that in a while -- that could come up again.

emily: what about when it comes to taxes? reports are saying there are some tax reports that could be imminent. reporter: majority leader mitch mcconnell and steve mnuchin were in louisville, kentucky earlier this week talking about tax policy. they have been working with top administration officials and congressional. lawmakers here's where it gets interesting. the far right of the conservatives, the freedom caucus, is advocating to be some kind of offset in terms of budget negotiations, which has direct implications for tax reform in the month of september and october. if you are in silicon valley looking at tech investments, it means whether or not they can have comprehensive tax reform or just corporate tax reform. everyone in washington is leaning toward the letter. they think they could be looking at corporate tax reform. they are more pessimistic on comprehensive text from.

but secretary mnuchin is still positive about this. emily: you're looking at president trump speaking to marines in yuma, arizona. he's off to a rally in phoenix a couple hours from now, an opportunity to be a reset for the administration. we will see if it actually is. that does it for this edition of "bloomberg technology." thank you for watching. we are live streaming on twitter. check us out 5:00 p.m. in new york and 2:00 p.m. in san francisco. that's all for now. this is bloomberg. ♪

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